NIFTY Intraday Trade Setup For 20 Sep 2022
NIFTY Intraday Trade Setup For 20 Sep 2022
Buy-Above 17670
Sl-17615
T-17775 17870 17950
Sell-Below 17579
Sl-17630
T- 17500 17430 17270
NIFTY has closed on a slight positive note with 0.5% gain. Today the range breakout target was hit which was triggered below 17770 on 16 Sep. Last day we planned to short below 17495 this trade gave 60 points but a sharp up move hit our sl then long was triggered @ 17620 as per plan and this trade gave almost 1:1 and then index turned sideways. We will use the range formed to trade on breakout the next day.
Coming to tomorrow's trade setup, if index opens flat and a 5 Min candle closes above 17670 then we will long for the target of 17775, 17870 and 17955+.
For selling we need a 5/15 Min candle close below 17579. Post breakdown targets will be 17490. 17430 and if 17425 is sustained then we will hit 17270.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Buy-Above 17670
Sl-17615
T-17775 17870 17950
Sell-Below 17579
Sl-17630
T- 17500 17430 17270
NIFTY has closed on a slight positive note with 0.5% gain. Today the range breakout target was hit which was triggered below 17770 on 16 Sep. Last day we planned to short below 17495 this trade gave 60 points but a sharp up move hit our sl then long was triggered @ 17620 as per plan and this trade gave almost 1:1 and then index turned sideways. We will use the range formed to trade on breakout the next day.
Coming to tomorrow's trade setup, if index opens flat and a 5 Min candle closes above 17670 then we will long for the target of 17775, 17870 and 17955+.
For selling we need a 5/15 Min candle close below 17579. Post breakdown targets will be 17490. 17430 and if 17425 is sustained then we will hit 17270.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.